Cash ISA maturing - new ISA, or not?
I have a one year fixed rate cash ISA with Leeds (3.85%) that matures in two weeks' time. They've written asking for my instructions at maturity. If I do nothing, it automatically turns into an ISA Saver at just 2.45%, whereas I have options to move it to other Leeds cash ISAs with rates of c.5%. In this tax year (May) I have already opened and subscribed to a Marcus cash ISA. Does moving the maturing Leeds ISA to anything other than the default ISA Saver constitute a new ISA, and is therefore not permitted? I have c.£30k in the account, so I'd rather not have it dawdle about at 2.45% until April when I can do something better with it. I have no intention to add to it in this tax year in any case.
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